Answers
The statement given is true. Scarcity is a principle of influence whereby people think there is limited availability of something they want or need, so they must act quickly.
Cialdini outlines six influence concepts that can help you persuade others. The six guiding principles are reciprocity, consistency, social proof, like, authority, and scarcity. The seventh component of unity is added by Cialdini in his book "Influence."
His sixth principle, "scarcity," refers to a situation when something helpful to you is in limited supply. Now you desire the scarce product even more! And you take immediate and quick action to obtain that.
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Related Questions
You are an economics professor teaching large sections of Principles courses this semester. Within the first week of class,
several students have approached you with concerns about exam and homework due dates. They fear they won't do well
because the due dates for your class conflict with the dates for their other classes. You want to allocate exam and homework
due dates to the days most valued by students, but sifting through the opinions of hundreds of students presents a challenge.
The MOST efficient allocation would result if you:
design a predictions market for students to designate when they think the dates will be.
b. create an internal market for students to bid for their preferred dates.
C.
use your centralized power as a professor to assign the dates without student input.
d. determine that you have a knowledge problem when assigning dates
Answers
The MOST efficient allocation of exam and homework due dates for students who have concerns due to conflicting schedules with other classes is to create an internal market for students to bid for their preferred dates.The correct answer is option-b.
A market is the most efficient mechanism for allocating goods and services according to the preferences of consumers. Students who have conflicting schedules can bid for their preferred exam and homework due dates through an internal market.
This method has the advantage of providing the exam and homework due dates to those who are willing to pay the most for them. By using the internal market, the professor can allocate the dates in the most efficient manner without sifting through the opinions of hundreds of students.
This method is also fair as it gives students the opportunity to choose their preferred dates based on their schedule constraints, and it reflects the value that students place on certain exam and homework due dates.
Therefore, the correct answer is option-b.
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Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answers
Answer:
Explanation:
B - It helps to create good study habits.
Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
Answers
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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Opportunity cost is _____.
the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above
Answers
Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.
The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.
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Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answers
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
PLEASE HELP 25 POINTS!!! Which of the following changes can take place in the long run?
A.) Technology
B.) machinery
C.) labor force
Answers
Answer:
In the long run, all of these changes can take place. Technology, machinery, and the labor force can all be adapted and adjusted to meet the needs of the economy. Technology can be improved and updated, new machinery can be introduced, and the labor force can be shifted to focus on different industries.
Answer: All of these can be changed in the long run.
Explanation:
What is the purpose of preserving historical data?
A.
legal compliance
B.
recruitment
C.
leave sanctions
D.
payroll
Answers
Answer:
What is the purpose of preserving historical data?
A.legal compliance
At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31, 2017, it has outstanding accounts receivable of $55,000, and it estimates that 2% will be uncollectible. Prepare the adjusting entry to record bad debts expense for year 2017 under the assumption that the Allowance for Doubtful Accounts has: (a) a $415 credit balance before the adjustment. (b) a $291 debit balance before the adjustment.
Answers
Answer:
Mazie Supply Co.
Adjusting entries under the assumptions that the allowance for doubtful accounts has:
a) A $415 credit balance before the adjustment:
Debit Bad Debts Expense $685
Credit Allowance for Doubtful Accounts $685
To record the bad debts expense for the year.
b) A $291 debit balance before the adjustment:
Debit Bad Debts Expense $1,391
Credit Allowance for Doubtful Accounts $1,391
To record bad debts expense and bring the allowance for doubtful accounts to a balance of $1,100.
Explanation:
a) Accounts Receivable outstanding = $55,000
Uncollectible estimate of 2% = $1,100
b) With a credit balance of $415, the balance will be brought to $1,100 with an adjusting amount of $685 ($1,100 - $415).,
c) With a debit balance of $291, the balance will be brought to $1,100 with an adjusting amount of $1,391 ($1,100 + 291).
d) When the allowance for doubtful accounts has a credit balance, the bad debts expense is calculated as the difference between the new balance and the old credit balance. But, if the allowance for doubtful accounts has a debit balance, the bad debts expense would be the addition of the estimated allowance and the debit balance. These actions will respectively bring the balance of the allowance for doubtful accounts to the new estimated balance.
Weller Company acquires a delivery truck at a cost of $42,000. The truck is expected to have a residual value of $9,000 at the end of its 4-year useful life. Compute annual depreciation expense for the first and second years using the straight-line method
Answers
Answer:
The annual depreciation = $8250
Explanation:
based on the formula (cost-salvage value)/useful life
The annual depreciation using straight line method:
($42,000-$9000)/4 = $8250
Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,330, current assets of $670, current liabilities of $360, net fixed assets of $1,520, and a 5 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 10 percent next year. If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year
Answers
Answer: $81.85
Explanation:
Additional Equity financing needed = Projected Assets - Projected liabilities - Projected increase in retained earnings - Current equity
Projected Assets = (Current Assets + Fixed Assets) * ( 1 + growth rate)
= ( 670 + 1,520) * ( 1.10)
= $2,409
Projected Liabilities = 360 * 1.1
= $369
Projected Increase in Retained earnings
= Sales * ( 1 + growth rate ) * profit margin
= 2,330 * 1.10 * 5%
= $128.15
Current Equity = Assets - Liabilities
= 670 + 1,520 - 360
= $1,830
Additional Equity financing needed next year= 2,409 - 369 - 128.15 - 1,830
= $81.85
Question 4
What is the main risk posed by pests in the operation?
SELECT ONE
a
Cross-contact
b Chemical contamination
C Temperature abuse
d Biological contamination
Answers
The main risk posed by pests when it comes to food is that of d. Biological contamination
Pests are very bad for food because:
They can infect it with faces They can infect the food with dangerous pathogensFetal contamination and bacterial (pathogenic) infections are examples of biological contamination.
We can therefore conclude that pests are more likely than not, to pose a risk of biological contamination.
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__________ are inputs used by organizations. Group of answer choices Raw materials Trademarks Incentives Contingencies Esprit de corps
Answers
Raw materials are inputs used by organizations
What are raw materials?They are some of the inputs used to produce an output or products in an organization.
They are products are required by company ] to generate a profit by selling.
Therefore, Raw materials are inputs used by organizations
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Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 24,000
20Y3 90,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
Answers
The dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
To determine the dividends per share for preferred and common stock for each year, we need to divide the total dividend amount by the number of shares for each type of stock.
Preferred Stock:
The preferred stock has a 1% dividend rate and a par value of $100 per share. There are 30,000 shares of cumulative preferred stock.
Year 20Y1:
Dividend per share for preferred stock = Dividend amount / Number of preferred shares
Dividend per share for preferred stock = $75,000 / 30,000
Dividend per share for preferred stock = $2.50
Year 20Y2:
Dividend per share for preferred stock = $24,000 / 30,000
Dividend per share for preferred stock = $0.80
Year 20Y3:
Dividend per share for preferred stock = $90,000 / 30,000
Dividend per share for preferred stock = $3.00
Common Stock:
The common stock has a par value of $25 per share. There are 50,000 shares of common stock.
Year 20Y1:
Dividend per share for common stock = Dividend amount / Number of common shares
Dividend per share for common stock = $75,000 / 50,000
Dividend per share for common stock = $1.50
Year 20Y2:
Dividend per share for common stock = $24,000 / 50,000
Dividend per share for common stock = $0.48
Year 20Y3:
Dividend per share for common stock = $90,000 / 50,000
Dividend per share for common stock = $1.80
In summary, the dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
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Explain why domestic trade is important to the economy
Answers
Answer: The importance of domestic trade in a country is that it facilitates exchange of goods within the country. ... By allowing all different types of goods and services to reach to all parts of the country it improves the standard of living of the residents of the country as well as the employment rate of the country.
Explanation: Please mark me brainliest! Have a great day!!!
Which of the following companies is most likely to use process costing?
Answers
Answer:greenwich company
Explanation:
A baker recently has come to expect higher prices for bread in the near future. We would expect Group of answer choices the baker to supply more bread now than she was supplying previously. the baker to supply less bread now than she was supplying previously. the demand for bread to fall. no change in the baker's current supply of bread; instead, future supply will be affected.
Answers
Answer: the baker to supply less bread now than she was supplying previously
Explanation: Going by the concept of demand and supply with respect to price of goods and services which is a factor which affects these two economic phenomenon, When there is a perceived or possible rise in the price of goods and services, manufacturers in a bid to maximize profit, tends to hoard the available amount of goods available, by supplying the market below the usual amount. Conversely, when there is a perceived decline in future price, they tend to supply more than usual in other to reduce or minimize loss.
On October 1, 2021, Culver Corp. issued $936,000, 8%, 10-year bonds at face value. The bonds were dated October 1, 2021, and pay interest annually on October 1. Financial statements are prepared annually on December 31.
Show the balance sheet presentation of bonds payable and bond interest payable on December 31, 2021.
Answers
Answer:
Culver Corp.
Balance Sheet as of December 31, 2021 (Partial)
Current liabilities:
Bond Interest payable $18,720
Long-term liabilities:
8% Bonds Payable $936,000
Explanation:
a) Data and Calculations:
8% Bonds Payable = $936,000
Maturity period of bonds = 10 years
Annual interest payable = $74,880 ($936,000 * 8%)
Interest payable for 2021 = $18,720 ($74,880 * 3/12)
b) This shows that interest payable for 2021 is a current liability, which will be offset within a year, while the Bonds payable is a long-term liability with a maturity period of 10 years.
Besides lowering price, what actions can Jackie propose to improve contribution margin?
Answers
Besides lowering the price, Jackie can improve contribution margin by ensuring that:
Quality remains the same or betterthe company leverages social media marketing which is cheaper than conventional marketing and is better targeted.What does price reduction do?Price reduction (if all other factors remain constant) helps to drive up demand. This is consistent with the Law of Demand in basic Economics.
If Jackie is trying to drive up profit margin, they must thus consider the options given above.
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How the experience affects buyer behavior.
Answers
Answer:
because it does
Explanation:
A
Answer:
Situational influences are temporary conditions that affect how buyers behave. They include physical factors such as a store's buying locations, layout, music, lighting, and even smells. Companies try to make the physical factors in which consumers shop as favorable as possible.
Explanation:
I need to do this writing assignment for English business. Can you help me with that?
Answers
In English business writing, clarity and conciseness are important aspects that must be considered. The purpose of business writing is to effectively convey a message to a specific audience, be it clients, employees, stakeholders, or other businesses.
Business writing must be engaging, yet professional. It should be written with a clear understanding of the target audience and the intended purpose of the message. Before writing, it's essential to consider the following factors: What is the objective of the message? Who is the intended audience? What is the tone of the message? What is the call to action?
The format and tone of business writing are usually formal. It's important to avoid using jargon, complex sentences, and other technical terminologies that may not be understood by the audience. Simplicity is key when it comes to business writing. The use of active voice and short sentences will make the message clear and concise. Business writing should have a clear introduction, body, and conclusion. In the introduction, the main point of the message should be stated, followed by the body where more details about the topic are provided.
In the conclusion, the call to action should be clearly stated. The message should end with a polite and friendly tone, inviting further communication and showing appreciation for the audience's attention.
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What is the function of the organelles that are labeled f? to temporarily store water, waste products, food, and other cellular material to produce proteins for the cell to move proteins and other substances through the cell to contain digestive enzymes that break down waste material and debris in the cell
Answers
The function of the organelles that are labeled F is to move proteins and other substances through the cell. Thus the correct answer is C.
What is Organelles?Organelles are tiny structures in the cytoplasm that perform tasks crucial for a cell to stay in balance. In the diagram, the organelle designated "F" is the endoplasmic reticulum.
They carry out a variety of tasks inside cells, including the creation of energy and the synthesis of proteins and secretions.
Therefore, option C to move proteins and other substances through the cell is the appropriate answer.
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What is Management in Economics
Answers
Answer:
Managerial economics is a branch of economics involving the application of economic methods in the managerial decision-making process. Managerial economics aims to provide a framework for decision making which are directed to maximise the profits and outcomes of a company.
The concepts of Managerial Economics
Liberal Managerialism
A market is a democratic space where people make their choices and decisions in a liberal way. The organization and the managers must function according to the demand of the customers and market trends; otherwise, this can lead to business failures.
Normative managerialism
The managerial economics normative view states that administrative decisions are based on experiences and practices of real life. They have a systematic method for the study of demand, forecasting, cost control, product design and promotion, recruitment, etc.
Radical Managership
Managers have to have a creative approach to business concerns, i.e. they have to make decisions to improve the current situation or circumstance. We concentrate more on the need and satisfaction of the consumer rather than just the maximization of income.
Managerial economic values
The excellent macroeconomist N. Gregory Mankiw has given ten principles to explain the significance of business operations in managerial economics
Based on 2 images which i have attached below answer the question plss
Answers
The journal entry to record the purchase of equipment on January 1 is :
Date Account Title Debit Credit
Jan. 1 Equipment $ 1, 280
Cash $ 1, 280
How to record equipment purchase ?Upon purchase of the equipment, an increase in assets is made through debiting the Equipment account with its total cost. A decrease in assets is then represented upon crediting the Cash/Bank account for the same amount which was used to cover the cost (i.e., cash or bank balance).
This means that we will debit Equipment for the amount of $ 1, 280 which was the cost of the equipment, then we credit the cash account for the same amount to show it has reduced.
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what link-building strategy do search engines implicitly approve?
Answers
The link building strategies that the search engines are known to have to approve of implicitly would be the
Nofollowthe sponored links attributesWhat is meant by the link building strategies?This is the term that is used to refer to the practice that has to do with the ways that the one way hyperlinks can be built. This is usually done through the use of the website that had to have the goal of helping to get visibility through the use of search engines.
The strategies that are used are the ones that have to do with content writing, the ones that have to do with useful tools and those that have to do with the outreach that is done with the use of mails.
The other ways that this can be done would be through the use of the social media outreach. Hence the links that they would use implicitly would have to do with the nofollow links etc.
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Required : You are to prepare the Arc's federal income tax return in good form . You are not to complete an Ohio state income tax return . The following and schedules are required and may be found in parts 1
Answers
D
D
s
S
S
As
Dssss
- Harvard university professor
Answer:
D
Explanation:
Bruv, Help! How do I convince my strict parents to get me LED lights for my room??
Answers
Answer: Well, if your parents say no, then that's no, but you can just ask nicely, "May i have LED lights in my room, i really like them, and i would appreciate it if im allowed to but i understand if i can't."
Explanation:
Explanation:
Tell them as a student you need it in learning . like you need them whenever you are learning at dawn
Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:
What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?
Answers
The purpose of this research is to examine the service proficiency of OEI and suggest suitable staffing levels for accommodating a growing clientele of 20 and 30.
1. Arrival Rate for Each Customer: 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.
What is the managerial report1. Arrival Rate for Each Customer: 1.25 customers per hour.
Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:10 customers / 8 hours
= 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:1 customer / 3 hours
= 1/3 customers per hour.
3. Travel Time and Waiting Time:
OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.Learn more about managerial report from
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Submission Requirements Hurry Pls Help ASAP!!!
Nine hundred word response.
When submitting written assignments, please remember to:
Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember complete sentence structure.
Paragraphs need to have minimum of six sentences.
Submit your E.T.H.I.C.S. model of one of the provided scenarios.
Answers
When submitting written assignments, please remember to Proofread for spelling, grammar, and punctuation. Hence, option B is correct.
What is meant by Proofread?Proofread is the double-checking of the written assignment or the work that is being already done to the person. It helps the person to identify the little mistakes that they have made during the making of the assignment.
Proofread is always a better solution to understand the work and makes the work complete and perfect. After Proofread, one can identify their mistakes and make them correct.
Thus, option B is correct.
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A long-term incentive is a type of
incentive given to employees that
is designed to be paid over
or longer.??
Answers
Ethics tries to resolve questions of human morality by defining which concepts?
Answers
Answer:
Ethics seeks to resolve questions of human morality by defining concepts such as good and evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry, moral philosophy is related to the fields of moral psychology, descriptive ethics, and value theory.
What is ethics? The term ethics may refer to the philosophical study of the concepts of moral right and wrong and moral good and bad, to any philosophical theory of what is morally right and wrong or morally good and bad, and to any system or code of moral rules, principles, or values.
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